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Indonesia Papuanew Guinea Sri Lanka China India Thailand Malaysia Philippines Hong Kong Taiwan Japan Mongolia Australia New Caledonia Solomonislands New Zealand Vanuatu 0 500M 1000M 1500M 2000M 0 5B 10B 15B 20B 25B Asia-Pacific MedTech Market KEY STATISTICS POPULATION, GDP, and TRADE The Asia Pacific (APAC) medical devices market will grow more than 10% over the next three years. This is higher than the projected global sector growth of 6 percent. Within 9 years, the Asian cardiovascular device market is expected to increase from 29% of the global market to 38%. The Asia-Pacific medical device market is expected to grow at a compound annual growth rate (CAGR) of 9.6%, to reach $71 billion by 2015. The APAC medical devices market is estimated at $55 billion which is about a quarter of the global medical devices market, valued at more than $230 billion. ubmcanon.com/medical More than 60% of the world’s population lives in the Asia-Pacific region, 4.2 billion people Population by Region International Trade (% of GDP) Real GDP per Capita (2005 US dollars) East and North-East Asia South-East Asia South and South-West North and Central Asia Pacific East and North-East Asia South-East Asia South and South-West North and Central Asia Pacific 4.2 Billion $37.6 Trillion Healthcare equipment and supplies market (Asia Pacific) Key Medical Device Markets in China East and North-East Asia Exports Imports of Malaysia’s medical devices are imported More than Approximately South-East Asia South and South-West Asia North and Central Asia Pacific of the medical devices in Vietnam are imported, with up to half coming from Japan, Singapore and China of medical devices in India are imported Roughly of the medical devices in Thailand are imported The Vietnamese medical device market is worth $390 billion. North Asia accounts for 17% of global pharmaceutical production The medical device market in India was worth an estimated $3.2 billion in 2011, trailing only Japan, China and South Korea in Asia. The medical device market is currently about 6% of the overall $68 billion Indian healthcare market. It is poised to grow approximately 16% annually, reaching $5.2 billion by 2015. India’s diagnostics sector is forecasted to grow at about 20% over the next 3 years. Thailand has suffered horrible floods, a political coup and months of street protests. Nonetheless, the $1.5 billion medical device market actually grew at a rate of 9% each year. India, Central Asia, and South Asia account for 9.2% of global pharmaceutical production Cardiovascular devices account for almost a third of the total medical device market, $3.5 billion. Diagnostic Imaging 43% Disposables 18% Implants 17% Other 12% Cardiovascular Technology 10% Disposable Equipment and Supplies Technical Aids IV Diagnostics Other Equipment Ophthalmic Equipment Dental Surgery Equipment and Supplies 37.5% 15.9% 15.8% 9.5% 12.1% 9.2% Source: Datamonitor, 2009 Source: Pacific Bridge Medical, 2011 Source: IP Solutions, 2012 Source: United Nations Economic and Social Commission for Asia and the Pacific, 2012 Source: United Nations Economic and Social Commission for Asia and the Pacific, 2012 Source: United Nations Economic and Social Commission for Asia and the Pacific, 2012 Medical Device patent volume grew by 12% from 2010 and 2011—among the sharpest growth of all technology areas. The industry’s greatest single source of new patent activity came from the cat- egory of Diagnosis & Surgery ( 34%), with 22,864 global patents in 2011. 22,864 Global Patents 90 % 87 % 72 % 67 % Japan Toshiba Corporation Japan FUJIFILM Holdings Corporation Japan Olympus Medical Systems Corporation Japan Hoya Corporation Japan Canon, Inc. Japan Hitachi Medical Computer Systems, Inc. Japan Konica Minolta Holdings, Inc. Japan Terumo Corporation Korea Samsung Medison Japan Panasonics Corporation Top 10 Asia-Pacific Patent Assignees

Asia-Pacific MedTech Market

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Page 1: Asia-Pacific MedTech Market

IndonesiaPapuanew Guinea

Sri Lanka

China

India

Thailand

Malaysia

Philippines

Hong KongTaiwan

Japan

Mongolia

AustraliaNew Caledonia

Solomonislands

New Zealand

Vanuatu

0

500M

1000M

1500M

2000M

0

5B

10B

15B

20B

25B

Asia-Pacific MedTech Market

KEY STATISTICS

POPULATION, GDP, and TRADE

The Asia Pacific (APAC) medical devices market will grow more than 10% over

the next three years. This is higher than the projected global sector growth of 6 percent.

Within 9 years, the Asian cardiovascular device

market is expected to increase from

29% of the global market to 38%.

The Asia-Pacific medical device market is expected to grow at a compound

annual growth rate (CAGR) of 9.6%, to reach $71 billion by 2015.

The APAC medical devices market is estimated at $55 billion which is about a

quarter of the global medical devices market, valued at more than $230 billion.

ubmcanon.com/medical

More than 60% of the world’spopulation lives in the Asia-Pacific

region, 4.2 billion people

Population by Region

International Trade (% of GDP)

Real GDP per Capita (2005 US dollars)

East

and

Nor

th-E

ast A

sia

Sout

h-Ea

st A

sia

Sout

h an

d

Sou

th-W

est

Nor

th a

nd

Centra

l Asia

Pacific

East

and

Nor

th-E

ast A

sia

Sout

h-Ea

st A

sia

Sout

h an

d

Sou

th-W

est

Nor

th a

nd

Centra

l Asia

Pacific

4.2 Billion

$37.6Trillion

Healthcare equipment and supplies market (Asia Pacific)

Key Medical Device Markets in China

East and North-East Asia

Exports Imports

of Malaysia’s medical devices are imported

More than

Approximately

South-East Asia

South and South-West Asia

North and Central Asia

Pacific

of the medical devices in Vietnam are imported, with up to half coming from Japan, Singapore and China

of medical devices in India are imported

Roughly

of the medical devices in Thailand are imported

The Vietnamese medical device market is worth

$390 billion.

North Asia accounts for 17% of global

pharmaceutical production

The medical device market in India was worth an estimated $3.2 billion in 2011,

trailing only Japan, China and South Korea in Asia. The medical device

market is currently about 6% of the overall $68 billion Indian healthcare

market. It is poised to grow approximately 16% annually, reaching

$5.2 billion by 2015.

India’s diagnostics sector is forecasted to grow at about 20% over the next 3 years.

Thailand has suffered horrible �oods, a political coup and months of street protests. Nonetheless, the $1.5 billion medical

device market actually grew at a rate of 9% each year.

India, Central Asia, and South Asia account for 9.2% of global pharmaceutical production

Cardiovascular devices account for almost a third of the total medical device market, $3.5 billion.

Diagnostic Imaging

43%

Disposables18%

Implants17%

Other12%

Cardiovascular Technology

10%

Disposable Equipment and Supplies

Technical Aids

IV Diagnostics

OtherEquipment

OphthalmicEquipment

Dental SurgeryEquipment

and Supplies

37.5%15.9%

15.8%

9.5%12.1%

9.2%

Source: Datamonitor, 2009 Source: Pacific Bridge Medical, 2011

Source: IP Solutions, 2012

Source: United Nations Economic and Social Commission for Asia and the Pacific, 2012

Source: United Nations Economic and Social Commission for Asia and the Pacific, 2012

Source: United Nations Economic and Social Commission for Asia and the Pacific, 2012

Medical Device patent volume grew by 12% from 2010 and 2011—among the sharpest growth of all technology areas. The industry’s greatest single source of new patent activity came from the cat-egory of Diagnosis & Surgery (34%), with 22,864 global patents in 2011.

22,864 Global Patents

90%

87%

72%

67%

Japan

Toshiba Corporation

Japan

FUJIFILM Holdings

Corporation

Japan

Olympus Medical Systems

Corporation

Japan

Hoya Corporation

Japan

Canon, Inc.

Japan

Hitachi Medical

Computer Systems, Inc.

Japan

Konica Minolta

Holdings, Inc.

Japan

Terumo Corporation

Korea

Samsung Medison

Japan

Panasonics Corporation

Top 10 Asia-Pacific Patent Assignees